Their own payment-practices filing · gov.uk
Noble Drilling (Land Support) Limited paid suppliers in 74 days on average — 29 days past its stated terms
Their H2 2023 filing put the average 29 days past the 45-day term they state.
- Their stated terms
- 30–45 days
- Paid outside agreed terms
- 28% of invoices
- Paid after 61+ days
- 28%
- Reporting period
- 1 Jul 2023 – 31 Dec 2023
- Source
- their gov.uk filing, filed 13 Aug 2024
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H2 2023 filing
Paid 29 days past their stated terms
Where their invoices landed · share of all invoices
The pattern · last 6 of 12 reports
31 → 74 days — slower across the window
The read · computed from their figures
Noble Drilling (Land Support) Limited's H2 2023 filing put their average at 74 days against stated terms of 30–45 days; 28% of invoices were paid outside agreed terms and 28% took 61 days or longer. Filed 13 Aug 2024.
The direction is slower: from 31 days in H1 2021 to 74 now — 43 days slower across their last 6 reports.
That is 12 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Standard payment terms with vendors is set at 30 days
Dispute resolution
Normally these will be with price and/or quantity variances with our purchase orders or insufficient back-up to the vendor invoices. We pass the disputes to our supply chain department to liaise with the vendor to try and resolve the issue(s) and if an edit or update to our purchase order is required, our supply chain department will make the changes to allow our Accounts Payable department to process the invoice(s). If there is no change required to our purchase order then the vendor would have to re-submit their invoice to agree to our purchase order
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H2 2023 | 74 | 28% | 28% | 13 Aug 2024 |
| H1 2023 | 58 | 28% | 28% | 25 Jul 2023 |
| H2 2022 | 54 | 19% | 19% | 31 Jan 2023 |
| H1 2022 | 58 | 28% | 28% | 15 Jul 2022 |
| H2 2021 | 43 | 14% | 14% | 26 Jan 2022 |
| H1 2021 | 31 | 6% | 6% | 28 Jul 2021 |
| H2 2020 | 28 | 2% | 2% | 27 Jan 2021 |
| H1 2020 | 39 | 8% | 8% | 11 Aug 2020 |
| H2 2019 | 32 | 4% | 4% | 24 Jan 2020 |
| H1 2019 | 42 | 8% | 8% | 25 Jul 2019 |
| H2 2018 | 30 | 3% | 3% | 17 Jan 2019 |
| H1 2018 | 28 | 0% | 2% | 25 Jul 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 30 Jun 1989
- Registered office
- PAVILION 2 KINGSHILL PARK VENTURE DRIVE, ABERDEEN, AB32 6FL
Illustrative · working-capital arithmetic
What a 74-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 74-day vs a 30-day payment cycle.
Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.
Quick answers · Noble Drilling (Land Support) Limited
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-SC118867 · latest period to 31 Dec 2023
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